The Black Cloud In Jobs Growth’s Silver Lining – OpEd

==========

The article discusses the recent jobs growth in the US economy, which defied economists' expectations. The employment numbers showed a gain of 353,000 jobs economywide, keeping the unemployment rate steady at 3.7%. However, there are concerns that the rise in wages may be due to a drop in hours worked caused by bad winter weather. The article also highlights that the majority of jobs growth is in the healthcare and government sectors, with government employment persisting over the long run. The author argues that an increase in government employment is not something to celebrate as it can be a drag on economic growth and prosperity.

#JobsGrowth #Economy #Unemployment #Wages #GovernmentEmployment

https://www.eurasiareview.com/07022024-the-black-cloud-in-jobs-growths-silver-lining-oped/